AHDB Cattle and Sheep Weekly

AHDB Cattle and Sheep Weekly - 31 May 2016

Liveweight prices continue to fall

Following sharp falls seen last week, the new season lamb trade has remained stable in the past week. In the week ended 25 May, the new season GB SQQ was level with the previous week at 201.3p/kg, this meant prices moved 17p above levels from the same week in 2015. The largest falls were seen at the beginning of the period, with prices actually rising more recently. On Wednesday 25 May, prices were up by 5p on the week at 201.9p/kg. The earlier price falls were due to higher numbers of new season lambs coming to the market, while the pound showed some signs of strengthening against the euro.